PPX Mining (CVE:PPX) Shares Up 50% – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price was up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 395,500 shares changed hands during mid-day trading, an increase of 207% from the average daily volume of 128,680 shares. The stock had previously closed at C$0.03.

PPX Mining Price Performance

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The stock has a market capitalization of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68.

About PPX Mining

(Get Free Report)

PPX Mining Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for gold and silver deposits. Its flagship property is the 100% owned Igor project that includes four concessions covering an area of approximately 1,300 hectares located in northern Peru.

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